NOT LISTED FOR SALE

1950 S Ridge Knolls Ct SE Cedar Rapids, IA 52403

Estimated Value: $493,790 - $512,000

3 Beds
3.5 Baths
4,738 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $390,000 $82 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,233/month

4 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Recreation Room
  • Ranch Style House
  • Deck
  • Wooded Lot
  • Great Room

About This Home

As of June 2021

WOW! Spacious is an understatement with this brick ranch! Incredible spaces to spread out and enjoy. More than one cook in the kitchen? NO problem. Need extra living spaces on the main floor? NO problem. Need a great yard with plenty of space? NO problem. You will love this home including THREE fireplaces including one in the master bedroom...WHAT! The walkout lower level is enormous that also has a large bar! No problem hosting huge holiday or sports event parties here. See it and call it home!

Last Agent to Sell the Property

Doris Ackerman

KW Advantage Listed on: 04/16/2021

KW Advantage

Last Buyer's Agent

Joni Long

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,427

Year Built

  • 1988

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 170x175
  • Cul-De-Sac
  • Irrigation
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,427

Year Built

1988

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.6800
  • Above Grade Finished Sq Ft: 3238
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 7427
  • List User Cell Phone: 319-361-2934
  • Low Lvl Fin Sq Ft: 1500
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Patio, Security System, Sound System, Storage Shed
  • Net Tax: 7238
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97500
  • Ratio Close Price By Original Li: 0.97500
  • Ratio Current Price By Sq Ft: 120.44
  • Total Sq Ft: 4738
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 4 Seasons, Den/Study, Great Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Family Room, Gas, Main/Primary Bedroom
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Brick

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Guest Parking, Off Street Parking, On Street Parking
  • Garage Size: 973

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 170x175

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 14, 2021
Sold by
Overbeck Stephen K and Overbeck Lora K
Bought by
Andrews Gregory L and Andrews Stephanie S
Seller's Agent
Doris Ackerman
KW Advantage
Buyer's Agent
Joni Long
Realty87
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$502,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,448
Avg. Annual Appreciation
6.11%
Original Mortgage
$55,000
Outstanding Balance
$41,759
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$460,689

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 15, 2017
Sold by
Zazza Karen E
Bought by
Overbeck Stephen K and Overbeck Lora K
Seller's Agent
Barbara Vancura
SKOGMAN REALTY
Buyer's Agent
Doris Ackerman
KW Advantage
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$256,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andrews Gregory L $390,000 Hawkeye Escrow Company
Overbeck Stephen K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Gregory L $55,000
Previous Owner Overbeck Stephen K $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $390,000 -2.5% $82 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $400,000 +25.0% $84 / Sq Ft
08/18/2017 08/18/17 Sold $320,000 -3.0% $68 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $329,900 -- $70 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,942 $480,300 $99,900 $380,400
2024 $8,010 $412,100 $82,100 $330,000
2023 $8,010 $409,800 $82,100 $327,700
2022 $7,084 $388,600 $71,400 $317,200
2021 $7,438 $350,900 $71,400 $279,500
2020 $7,438 $345,700 $71,400 $274,300
2019 $7,268 $345,700 $71,400 $274,300
2018 $7,062 $345,700 $71,400 $274,300
2017 $8,098 $380,400 $71,400 $309,000
2016 $8,085 $380,400 $71,400 $309,000
2015 $8,361 $392,936 $71,383 $321,553
2014 $8,176 $392,936 $71,383 $321,553
2013 $7,996 $392,936 $71,383 $321,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102369

Cedar Rapids Area Association of REALTORS®

APN: 14254-27005-00000